Get dis­count by pre­pay­ing taxes

Lethbridge Herald - - HOMETOWN NEWS -

Prop­erty owners who are not al­ready en­rolled in the City’s con­ve­nient monthly Tax In­stall­ment Pay­ment Plan (TIPP) can still re­ceive a dis­count on their to­tal 2019 prop­erty tax bill by pay­ing some or all of their taxes early.

All pay­ments that prop­erty owners make to­ward their 2019 prop­erty taxes in Jan­uary or Fe­bru­ary will re­sult in a dis­count when 2019 tax bills are is­sued in May, the City of Leth­bridge said in a re­cent news re­lease.

This dis­count will be equiv­a­lent to earn­ing in­ter­est at 1.5 per cent per year from the date of pay­ment to June 28, 2019. Pre­pay­ment amounts can­not ex­ceed the to­tal prop­erty tax bill for the pre­ced­ing year.

Res­i­dents can make pay­ments in per­son at city hall, by mail or by de­posit­ing pay­ments in the night deposit box at city hall. On­line bank­ing is also avail­able for pay­ment of prop­erty taxes.

The ear­lier pre­pay­ments are re­ceived, the greater the credit ap­plied to the prop­erty owner’s 2019 tax ac­count. The City is still ac­cept­ing en­rol­ment into the monthly TIPP as well.

Prop­erty owners can sign up to re­ceive their tax no­tice ebill in May at Leth­bridge.ca/MyC­ity. For more in­for­ma­tion about prop­erty taxes, visit www.leth­bridge.ca/taxes.

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